Accords reached by governments in which countries voluntarily limit the volume or value of goods they export to or import from one another are known as _____.
A) service-level agreements
B) licensing agreements
C) export restraint agreements
D) strategic alliance agreements
E) operational-level agreements

Question

Quizplus · Accepted Answer

Export restraint agreements are designed to convince other governments to limit voluntarily the volume or value of goods exported to or imported from a particular country.

Accords Reached by Governments in Which Countries Voluntarily Limit the Volume